Job Description

EDUCATION AND EXPERIENCE REQUIREMENTS

Bachelor's degree in accounting, finance, business administration, economics, or other related field or commensurate experience. Candidates must have a minimum of two (2) or more years of experience with a good understanding of accounting principles, and understanding of the fundamentals of credit administration, financial analysis, accounting standards, and the use of various computer accounting and financial applications and computer literacy. Candidate must know basic financial statement analysis, forecasting, cash flow, and collateral analysis. Applicant must be detail-oriented and an understanding of agriculture is preferred, but not required.

SKILL REQUIREMENTS

General knowledge of accounting/financial systems. Specialized knowledge of accounting/finance principles. Knowledgeable in the areas of financial statement analysis and income analysis. Excellent interpersonal relations, verbal and written communication skills are required. Ability to perform intermediate-level accounting and financial analyses under moderate supervision.

JOB SCOPE

Assists loan officers in the analysis, servicing, and reporting of the association's mortgage and commercial loans. Fully competent professional, assignments are varied and moderately complex in nature, some latitude for decision making. Works under moderate supervision.

ESSENTIAL FUNCTIONS:

• Assists loan officers in the credit and financial statement analysis, servicing, and reporting of the Association's loan participations, mortgage, and commercial type loans. Works directly with lending staff in the development of appropriate credit decisions and prepares other reports as requested by management.
• Analyzes financial information including balance sheets, income statements, cash flow, and tax returns to form an opinion of the strengths, weaknesses and risks associated with loan packages. Determines probability of Default (PD) ratings as appropriate and makes recommendations for approval or denial of loans.
• Performs credit analysis and financial statement analysis on moderate to complex loan originations and monitors/performs due diligence reviews of various financial participation packages and loan originations with district associations or commercial agency lenders.
• Interprets, communicates, and provides guidance to loan officers regarding association lending policies and procedures.
• Ensures that all assigned loans are properly risk rates, assigned loss given defaults are correct and performance status assignments are proper.
• Complies with proper credit administration practices as outlined in the Association's policies and procedures.